Prime Mining Corp. today reported new results from its ongoing drill program at the Company's Los Reyes gold-silver project. Reported results are from the first holes drilled into a major new discovery, Mina 20/21 , located 1.3 kilometres northeast of the Guadalupe East deposit, currently the most eastern of the eight-known gold-silver deposits at [...]
Prime Mining Corp. , , , announces additional positive results from its continuing 15,000-metre first phase drill program at its wholly owned Los Reyes gold-silver project in Sinaloa state, Mexico. The results include new drill core assays from the Guadalupe East and Zapote South deposits which are two of eight known gold-silver deposits that [...]
Prime Mining Corp. is pleased to announce the completion of its previously announced bought deal private placement. A total of 9,746,250 units , including the full exercise of the over-allotment option, were sold at a price of $2.95 per Unit for gross proceeds of approximately $28,751,438. Each Unit consists of one common share in the Company and [...]
Prime Mining Corp. is pleased to announce that it has entered into an agreement with Desjardins Capital Markets, acting as sole bookrunner and co-lead, on behalf of a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. whereby the Underwriters have agreed to purchase for resale, on a bought deal private placement [...]
Prime Mining Corp. is pleased to release additional positive results from its ongoing 15,000-metre Phase 1 drill program at its wholly owned Los Reyes gold-silver project in Sinaloa State. Currently, 5 diamond drills are active until the commencement of the rainy season in August 2021. The results announced today include initial core assay results [...]
Prime Mining Corp. is pleased to report its operating and financial results for the third quarter of fiscal year 2021, ended January 31, 2021. Unless otherwise stated, all amounts are presented in Canadian dollars. Prime is focused on the exploration and development of its wholly owned Los Reyes Gold-Silver Project in Sinaloa Stat. Corporate [...]
Prime Mining Corp. is pleased to report initial results from its 15,000 m Phase 1 diamond drilling program at the Los Reyes project in Sinaloa State, Mexico. Results have been received from drill hole 21GE-01 at Guadalupe East and surface sampling at Mina 20/21 has discovered new high-grade mineralization 1.3 km northeast of Guadalupe East in an [...]
Prime Mining Corp. is pleased to announce it has filed an application for mineral rights to a 7,500-hectare claim block, named El Rey, adjacent to the eastern and northeastern Los Reyes boundary. El Rey had its cornerstone monument erected and completed February 24, 2021 and the concession application was filed and receipted March 9, 2021. "Recent [...]
Prime Mining Corp. is pleased to provide a drilling update on its 100% owned Los Reyes Gold-Silver Project located in the State of Sinaloa, Mexico. The Company's 15,000 metre Phase 1 diamond drill program began in December. The drill rig count at the Project has been increased to address logistical, geographic and COVID-19-related challenges, so [...]
Prime Mining Corp. is pleased to announce that it has been named to the 2021 TSX Venture 50, an annual ranking of top performing listed companies from five industry sectors including, Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries and Technology. The 2021 Venture 50 top performers were selected based on year-over-year [...]
Mr. Pierre Lassonde announced today that he has recently purchased 2,000,000 common shares of Prime Mining Corp. through the facilities of the TSX Venture Exchange . As a result of this recent purchase, Mr. Lassonde now directly owns 143,000 common shares, indirectly owns 7,000,000 common shares and 3,000,000 warrants of the Company. Mr. Lassonde's [...]
Prime Mining Corp. has made payment of $1.1 million to Vista Gold Corp. as per the terms of the acquisition of the Los Reyes Gold-Silver Project, located in the State of Sinaloa, Mexico. As disclosed on June 15, 2020 , Prime agreed to pay Vista $2.1 million in lieu of being granted certain royalties and back-in rights relating to the project. The [...]